Union Jack Oil Share Discussion Threads

[bionicdog] 29/8/2019 11:21

Expecting a couple of TR1s.

[ileeman] 29/8/2019 11:16

Not looking to step on anyone toes Currypasty but that cash was only to see them through the current testing phase they dont have enough to pursue further testing/drilling which looks like a certainty.

I will leave it as that.

[markfrankie] 29/8/2019 11:06

Bionicdog and all holders.... what a brilliant piece of news today !
I feel we can sit back and enjoy the ride now. Ups and downs but this is really only going up to a re-rate

[currypasty] 29/8/2019 11:05

people seem to forget ujo raised £2.25 mil 2 months ago

[markfrankie] 29/8/2019 11:03

Uxbridgearms let's hope so as they are already fully funded for all assets so that would mean they are buying more of WN or Wressel ... which would be GREAT fingers crossed your right as UJO are always over prescribed .

[bionicdog] 29/8/2019 11:02

How did your last prediction go Uxbridge?

[ileeman] 29/8/2019 10:59

I think the issue for UJO is for them to drill/test further they need to raise more cash, I dont see this as a bad thing because once they have cash market will buy it up.

[uxbridgearms] 29/8/2019 10:56

Needs more money placing coming.

[likeawalrus] 29/8/2019 10:54

just bought a mil at .3 very surprised!

[maxwell] 29/8/2019 10:45

Very good buying as 470+ trades & 393mil+ shares so far and peaked at 0.037p
then of course previous holders realised some profit. Not surprised but will
continue to climb over the coming days as the only way to go..............

[currypasty] 29/8/2019 10:40

If the market maker shore cap has a large sell order, why doesn't our broker/nomad place them with an insti?

[matunde24] 29/8/2019 10:38

This should have done much better in todays news

[markfrankie] 29/8/2019 10:30

Too many here can't see the wood for the trees ..
We will eventually get a change of ujo holders

[markfrankie] 29/8/2019 10:12

Good morning

[currypasty] 29/8/2019 10:11

It would appear that the only way to value this correctly is a trade sale... MM's punters and traders are way off the mark, imo

[bionicdog] 29/8/2019 10:09

Mr Daniel Levi (Sinner)

@BrokermanDaniel
·
56m


At least 2 Major oil companies sniffing around #WestNewton Sources #Confirmed 1 in direct communication with #Raithlin

[ileeman] 29/8/2019 09:55

Oil valuation significantly more than gas. NPV north of $1billion conservatively.

UJO $160million NPV = 3-4x current cap.

RBD $300million NPV = 4-5x current cap.

I would say market has not fully understood how big this is for both companies, both companies should be up 50%+ on this mornings news.

[wisteria2] 29/8/2019 09:52

HOLD ...twist.... b1 ......1p upwards

[bakedbean] 29/8/2019 09:51

Re whattheduceExcuse my ignorance but do they just not use pumps to extract the oil , how do u mean "if it does not flow" surely it's stood in a reservoir, waiting to be extracted ie pumped out ?

[shabadi] 29/8/2019 09:47

Wow, that article was written on the 15th and called it bang on.

[dafad] 29/8/2019 09:36

Give credit where its due,seems brokerman wass right,now if he is right about a couple of majors sniffing around as well,then....

[whattheduce] 29/8/2019 08:56

Sorry but I posted just a couple of days ago on GUN and I am still not convinced.

whattheduce
28 Aug '19 - 12:56 - 2804 of 2806 Edit
0 0 0
I have so far avoided UOG, spin is a little too good to be true at the moment.


"-- With the indication of a potentially significant oil column, the Extended Well Test ("EWT") has been temporarily suspended in order to review and revise the well test design to deliver the necessary test information to validate this important onshore resource "

I would have expected that some oil, maybe a dozen tankers, would have been allowed to flow to obtain permeability data. You can have the biggest most saturated oil field on earth, but if it doesn't flow it is worth nothing.

I remain at a distance because no oil was flowed, even for a brief time.

[guesswhosback2] 29/8/2019 08:56

Another 2m for me.